Bitcoin24h $76,219.01-2.05%

Ethereum24h $2,275.17-1.92%

XRP24h $1.38-2.30%

BNB24h $621.83-0.84%

Solana24h $83.42-2.06%

TRON24h $0.3238-0.49%

Dogecoin24h $0.0986+0.23%

Hyperliquid24h $40.07-5.17%

UNUS SED LEO24h $10.37+0.25%

Bitcoin Cash24h $447.01-0.28%

Hyperbridge exploited less than two weeks after April Fools’ day hack prank

The Hyperbridge hack forged proofs to take control of the DOT token contract and sell a billion tokens for $237K of available liquidity.

Crypto yields are falling below TradFi

Crypto investors used to receive compensation for taking outsized risk depositing assets into DeFi, but many yields have fallen below TradFi.

Stabble urged its users to withdraw all liquidity after a former employee was outed as a North Korean operative.

Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.

The attackers have taken Steakhouse Financial’s domain and turned its website and app into a wallet-draining phishing scam.